Netlist (LTS:0K6M) Moat Score: 4/10 (As of Jul. 16, 2026)

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LTS:0K6M Netlist Inc LTS:0K6M
59 GF Score
Price $2.56
GF Value $2.22
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Netlist Moat Score?

Netlist LTS:0K6M -2.29% 59 Moat Score is 4 as of Jul. 16, 2026. GuruFocus rates LTS:0K6M with a GF Score™ of 59/100 and a GF Value™ of $2.22 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,470 Hardware companies, Netlist ranks better than 94.66% on this metric.

Netlist has the Moat Score of 4, which implies that the company might have Narrow Moat - Discernible but modest moat.

Netlist has Narrow Moat: Netlist Inc has a discernible moat due to its valuable intellectual property in memory solutions, which provides some market leadership. However, the competitive landscape and limited brand strength keep its moat narrow.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Netlist might have Narrow Moat - Discernible but modest moat.

Netlist  (LTS:0K6M) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Netlist Moat Score Related Terms

LTS:0K6M vs SCSC, CLMB, EACO: Moat Score Comparison

For the Electronics & Computer Distribution subindustry, Netlist's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Netlist Moat Score vs Hardware Industry

For the Hardware industry and Technology sector, Netlist's Moat Score distribution charts can be found below:

* The bar in red indicates where Netlist's Moat Score falls into.


LTS:0K6M
59GF Score
Netlist Inc LTS:0K6M
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 4 mean?
Netlist (LTS:0K6M) has a Moat Score of 4 as of Jul. 16, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Netlist ranks #132 out of 2470 companies in the Hardware industry, placing it in the top 5.3%.
Is Netlist's Moat Score too high?
Netlist's current Moat Score is 4. Based on the distribution chart, Netlist ranks #132 out of 2470 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Netlist has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Netlist's Moat Score compare to SCSC and CLMB?
According to the Hardware industry distribution chart, Netlist ranks #132 out of 2470 companies for Moat Score. This places Netlist in the top 5% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Hardware company?
A good Moat Score depends on the Hardware industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Netlist's current Moat Score is 4. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netlist stock overvalued right now?
Based on GuruFocus' analysis, Netlist (LTS:0K6M) is currently considered Modestly Overvalued. The stock's GF Value™ is $2.22, compared to a current price of $2.56 — trading 15.3% above its estimated fair value. The current Moat Score is 4. Netlist's overall GF Score™ is 59/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Netlist (LTS:0K6M), the current Moat Score is 4 as of Jul. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Netlist (LTS:0K6M) Overvalued in 2026?

Based on GuruFocus' analysis, Netlist stock appears to be overvalued. The current stock price of $2.56 is trading 15.3% above its estimated GF Value™ of $2.22. GuruFocus considers Netlist to be Modestly Overvalued.

Key valuation signals for LTS:0K6M:

  • Moat Score: 4
  • GF Value™: $2.22 vs. price of $2.56 (15.3% above fair value)
  • GF Score™: 59/100 with 6 warning signs

No single metric tells the full story. See the LTS:0K6M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Netlist Business Description

Other Exchanges NLST:USA
Address 111 Academy, Suite 100, Irvine, CA, USA, 92617
Netlist Inc is involved in the business of designing and manufacturing modular memory subsystems and also cloud service providers. Its products include Storage class memory, nonvolatile memory, enterprise SSD and embedded flash. The company's products are based on its proprietary technologies such as Presight technology, Distributed buffer architecture, IC design, PCB designs, Thermal management designs. Company has consistently driven innovation in the field of cutting-edge enterprise memory and storage, empowering businesses and industries to thrive in the digital age.
59GF Score

Get the complete analysis for LTS:0K6M

Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.56
Price
$2.22
GF Value